I'm a local real estate broker, investor, and manager (100+ rentals, mostly Airbnb/STR and multifamily).House hacking is a tried-and-true method and in Sacramento you can produce some meaningful income while enjoying the appreciation and tax benefits of owning real estate.

This can be very expensive and is usually the worst choice because you can't justify the cost.2.

Thank you Andy. 

Either myself or project manager wen I don't have time, because most contractors need daily supervision.

@Brice Alef-Torrisi putting each property in its own LLC is usually overkill.Getting a bank account for each LLC is typically something you need to do to avoid "piercing of the LLC corporate veil" (actually depends on tax selection you made for LLC), but is also overkill.You haven't indicated how you are holding the deed for the latest property.If in your name or same LLC, you don't need a separate bank account.If in separate LLC, you can create a Master LLC, have each property LLC hire the Master LLC to manage their affairs, and just get a bank account for Master LLC.This is an opinion, not advice, so lookup CPA Frank Alcini in Troy for expert advice.

Networking with local investors, agents, and property managers will be key to your success.

For over a decade, I’ve focused on multifamily acquisitions and asset management with firms ranging from small boutique offices to large syndicators.

Reach out to Lisa Loesel at Short & Suite Management here in Milwaukee. 

I'm a project manager and have a team of over 60 contractors that have all undergone a 5 step vetting process.

@Lindsey Matejak we manage a lot of apartments in Berwyn and Cicero where the 2023 flooding happened.